India’s race to the bottom for solar power prices has resulted in some unintended consequences. These range from some electricity distribution companies (discoms) wavering on signing power purchase agreements for projects awarded at higher tariffs to postponement of some tenders, according to consulting firm Bridge to India.

Suzlon Energy has divested 49 per cent stake in around 210 MW of solar power projects while sale of stake in another 130 MW of projects is in the works, with aim to be completed before March 2017, Kirti Vagadia, CFO, Suzlon Group has said.

Suzlon Energy has divested 49 per cent stake in around 210 MW of solar power projects while sale of stake in another 130 MW of projects is in the works, with aim to be completed before March 2017, Kirti Vagadia, CFO, Suzlon Group has said.

Wind energy has been identified as a potential response to India´s crucial power challenges since the 1990s. Since then, no other renewable energy source has attained the level of maturity that wind power has, and even after a good 25 years, we still await the full potential of this renewable source to be realized.

Azure Power, announced that it has won a 50 MW solar power project under the National Solar Mission (NSM) Phase II Batch III, which was recently put up for auction by Solar Energy Corporation of India (SECI).

Thomas Edison had in 1931 during a conversation with Henry Ford mentioned, ´I´d put my money on the sun and solar energy. What a source of power!
I hope we don´t have to wait until oil and coal run out before we tackle that.´ It appears that Government of India (GoI) is following the same spirit while implementing the largest renewable capacity expansion program in the world